SFM After a good run up spent time consolidating on lower volume. Has now printed a candle I like right at trend line support telling me there was buyer cued up.
Even in this crappy market, worty watching.. looks poised
Dotted trend line was drawn early last week. Lets see if it continues creeping up.
IBD50 stock holding strong in this weak market. Long @ $27
- Decline to support level. - If RSI and MACD hold then increase to next Fib level. - If not, strong short.
This has plenty of bullish indicators as this is riding a strong uptrend; such as the hammer candlestick following the doji, the golden cross, and the 1,2,3 pullback. The strong up trend support is at 27.40, but thanks to a great Friday this looks to be continuing on a steeper uptrend. This may deal with some resistance testing the 52 week high at 29.50-30.00, but...
Oversold and crawled in this area for long time, ready to move foward.
I make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens. You can see somethimes i use 2 - 3 levels because i dont know where the market will open. when the market open i see witch levels are still valid if it gaps above or under my...
Weekly breaking out of downtrend line and holding Daily timeframe showing positive price action with increasing buying pressure new 50 day highs with above average volume!
I will be going long on this stock. i am betting to go over $25.
Sprouts Farmer’s Market ($SFM) Weekly: Sprouts Farmer’s Market has been in a downtrend ever since it came on the market – making lower highs and lower lows, it finally seems to have found some support and bottom at the $18 price level. After retesting this level in March, the stock proceeded to make a strong move up and above the trendline resistance that it has...